This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of $300,000 on your ... (Read 74 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Apr 25, 2021
Your pension plan has two alternative payout methods. The first is a lump sum of $300,000 on your 65th birthday. The second is ordinary annuity with the first payment on your 66th birthday and the last payment on your 85th birthday. If the interest rate is 10.5%, then what size annuity payment would equate the value of the two alternatives?
◦ $36,447.98
◦ $35,911.96
◦ $37,059.21
◦ $35,237.89
◦ $34,687.32
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by brutforce on Apr 25, 2021

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


brutforce

  • Member
  • Posts: 540
Reply 2 on: Apr 25, 2021
Wow, this really help

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Three Methods of Mining Coal Three Methods of Mining Coal
Comparison of Scheduling Methods Comparison of Scheduling Methods
Methods of Contraception Methods of Contraception
Methods of Stretching Methods of Stretching
Plan of a Temple, Perhaps Dedicated to Portunus Plan of a Temple, Perhaps Dedicated to Portunus
"No Oven Needed" Energy Bars Try this recipe as an inexpensive alternative to commercial ... "No Oven Needed" Energy Bars Try this recipe as an inexpensive alternative to commercial ...
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library